Equipment Leasing Can Keep Your Finances As Well As Your Clients In Shape

Keeping up with the latest fitness or beauty equipment can be an expensive challenge for established gyms, spas, hair salons and health clubs. For new leisure businesses starting out, the initial out lay on equipment and fitting out the venue, not to mention advertising and staff costs, can be almost overwhelming. However, leasing gym and beauty salon equipment provides the perfect solution for new and established businesses of all sizes.

More and more businesses in the health and beauty industries are turning to leasing as an alternative to buying, and with very good reason. By leasing assets you can improve your cash flow by keeping your working capital free. This leaves you with funds available for more pressing requirements such as staff salaries, promotional materials or new business opportunities.

No one wants to work out in a gym with outdated equipment or visit a beauty salon that doesn’t offer the latest treatments. With leasing, equipment can be added or upgraded at any time during the lease period without having to repurchase, so you will always have the most up-to-date equipment to ensure your business stays ahead of the game. This means you will never be left with obsolete equipment in a way that would not be possible with an outright purchase.

Choosing a leasing scheme also gives you a greater degree of flexibility as lease agreements can be tailored to your exact needs. Agreements can be over an agreed period, for example two years, and repayments can be made monthly, quarterly or annually, by direct debit or invoice, whichever is most convenient. Lease payments can also be set against profit, thereby potentially reducing your tax bill.

What fitness and beauty equipment can be leased?

From a treadmill to the latest laser hair removal system, there is almost no limit to what you can lease. What is more, you can choose any combination of equipment and technology from multiple suppliers for your lease agreement.

Some of the most popular types of equipment leased are:

• Gym equipment leasing (from treadmills to rowing machines)
• Changing room lockers and benches leasing
• Beauty equipment leasing (from IPL lasers to microdermabrasion)
• Steam rooms and saunas leasing
• Tanning booths and sun beds leasing
• Massage chairs leasing
• Commercial hairdryers leasing
• Audio/Visual equipment leasing
• Air conditioning systems leasing
• Laundry equipment leasing
• IT hardware and software leasing
• Telephone systems leasing
• Furniture leasing
• Complete salon fit out leasing

For more advice on leasing and selecting a reputable leasing partner, download your free Essential Guide to Equipment Leasing for Business.